Personal Finance Planning

Mr and Mrs Adams had been saving for a number of years into Personal Pension schemes with a major insurance company. They both had a number of plans built up over the years and wanted advice as how these should be organised so as to provide an income in retirement.

Their aims were to review performance and begin switching out of stocks and shares into lower risk investments; including ethical and socially responsible investments.

In addition to their pension portfolios Mr Adams had a number of ISAs and other savings plans which needed to be reviewed.

Recently the Adams’s had become grandparents and so they were considering placing some capital into a trust for their grandson’s future.

After contacting Barchester Green Investment Mr and Mrs Adams were asked to provide further background information on their circumstances and existing financial planning in the form of a Fact Find questionnaire, they then met with their appointed advisers in order to discuss their objectives.
A report was then produced setting out the adviser’s recommendation and detailing the costs associated with the recommendation made by their adviser.

Once the Adams’s had taken time to consider the report they decided to go ahead with the steps recommended by their adviser. This involved changing the spread of investment within their pension schemes so as to reduce investment “volatility” it also meant consolidating ISAs onto an on-line valuations service so as to improve the flexibility of these products.